Internal restructuring
Location of affected unit(s)
Frankfurt, Köln
Administrative Services
Travel Agency, Tour Operator And Other Reservation Service And Related Activities
Travel Agency And Tour Operator Activities
79.1 - Travel agency and tour operator activities

253 jobs
Number of planned job losses
Job loss
Announcement Date
17 December 2020
Employment effect (start)
17 December 2020
Foreseen end date


As announced on 17 December 2020, German tour operator DER Touristik will be cutting 253 jobs due to internal restructuring. According to management, the massive travel restrictions caused by the COVID-19 crisis have led to a reduction in sales by 70% in 2020. Since a recovery of the market to a pre-COVID-19 level is not expected for 2021, cuts are inevitable. 253 jobs will be cut in all areas of the company including 14 in management positions. Affected sides will include the company's two main sites in Frankfurt and Cologne. While a timeframe has yet to be published, management intends to achieve the job reduction via voluntary programmes.  

DER Touristik has currently 1,422 employees in Germany. 



Eurofound (2020), DER Touristik, Internal restructuring in Germany, factsheet number 102919, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/102919.